How Metacade (MCADE) had More Investors in December than Litecoin (LTC)

Litecoin was one of the original cryptocurrencies, but investors are starting to worry about its slow progress when compared with layer-1 competitors. The network can only process a small number of transactions every second and it has no support for Web3.

Investors have started looking elsewhere. One token that is attracting a lot of attention is MCADE after a staggering 100% price rise during its presale event.

What is Litecoin (LTC)?

Litecoin was designed to be the silver to Bitcoin’s gold. It was created in 2011 as a fork of the Bitcoin Core client and is similar to Bitcoin in many ways. Both blockchains use a proof of work consensus mechanism to mine tokens but Litecoin uses a different algorithm to decide how many tokens are mined in each block.

Litecoin has a faster block generation rate and a higher total supply than Bitcoin. There are 84 million coins in total, compared to 21 million with Bitcoin. The Litecoin blockchain, unlike many more recent iterations of the technology such as Ethereum and Cardano, is not Turing complete. This means that developers cannot create decentralised applications (dApps) as there is no smart contract compatibility.

Despite this, Litecoin works well as a payment system due to its consensus mechanism being inherently secure. It is as secure as Bitcoin yet has a higher transaction throughput on the base level. Litecoin is a top 20 cryptocurrency by market cap as it serves many of the same functions as Bitcoin.

The key drawbacks of Litecoin are that the blockchain has developed at a much slower rate than many of its layer-1 competitors. For example, Bitcoin developers have created the Lightning Network to process a vastly improved number of transactions per second, while Ethereum has just moved onto a proof of stake protocol that enables up to 100,000 transactions per second compared to Litecoin’s 56.

LTC investors seeking new opportunities

Litecoin, despite still being in the top 20 cryptocurrencies, has experienced slow growth in recent times. Between April 2021 and June 2022, the value of LTC dropped over 90% – a major loss for the network.

Investors have been looking into alternatives to Litecoin with the aim of making major gains both before and during the next bull market. Many are discovering high-potential dApps that can attract a large number of users and serve some key functions that are not possible on the Litecoin network. One particular project has made some major gains as a result.

Metacade (MCADE) has just started its token presale, which means it is a prime early-stage opportunity. The project has a rich roadmap with many exciting features as Metacade positions itself at the crossroads of several high-growth industries.

What is Metacade (MCADE)?

Metacade is building the biggest blockchain gaming arcade. The platform offers an ever-expanding range of play-to-earn titles, giving gamers plenty of opportunity to increase their crypto holdings while enjoying themselves as they compete online. As well as this, the Metacade world will be home to a booming community of gamers, as the platform offers MCADE token rewards to the players who get the most involved.

Delivering value to gamers

Blockchain is one of the hottest areas of technological advancement in the gaming world today. Innovators from across the globe are building better than ever. From immersive digital landscapes that fully engulf users to expansive platforms that offer never-before-seen features to players, gamers are getting huge value from blockchain gaming. Its attractive play-to-earn mechanics are attracting players from around the world. Metacade is at the heart of this blockchain gaming revolution. 

Web3, GameFi, Crypto and the Metaverse

Metacade sits at the crossroads between a number of key areas in the world of technology: Web3, metaverse, and p2e gaming. The project is driving progress by building a central platform where people can access crypto rewards while playing arcade games online.

In doing so, the platform exhibits appeal to an enormous number of potential users around the world and is destined to attract a correlated amount of investment interest over time. In contrast, Litecoin user rates continue to falter, which is reflected in its poor price action during recent times. Metacade, with many unique features being offered to users in several growing sectors, is very likely to experience an ultimately different class of success.

A unique experience

Metacade is community-driven, giving more power back to players as they participate in the ecosystem. The platform will host tournaments for dedicated play-to-earn gamers, as well as offer MCADE token rewards to users for sharing what they know about blockchain-based gaming.

The platform aims to become a decentralised autonomous organisation (DAO) over time which will give all token holders voting privileges in the ecosystem. On top of this, the Metagrants program will fund the next wave of high-potential play-to-earn games on the platform, as Metacade aims to propel the long-term success of the GameFi industry.

Long-term potential is a key consideration for investors

With Litecoin underperforming in recent times and offering a considerably slower iteration process than many of its competitors, more people are jumping into the Metacade presale to take advantage of its strong long-term positioning.

Metacade aims to become a hotbed of activity for the gaming community. With many unique features and a variety of play-to-earn games being offered, the platform has the potential to become an enormous name in the world of crypto.

Alternative GameFi investments such as Axie Infinity (AXS) and Decentraland (MANA) have done extremely well over the past few years, and it is in no small part due to the number of users they can attract. Metacade is community-driven at its core and offers far more than these projects, so will no doubt be equally or more successful.

The MCADE token is being launched at just $0.008. This value will rise to $0.02 later on in the presale, so it is certainly worth getting involved now before the token is officially launched to the public.

You can participate in the MCADE presale here.